Tall & Urban News

Luxury Condominium Development Breaks Ground in Downtown St. Petersburg

St. Petersburg. John O'Neill. CC-BY-SA 3.0
St. Petersburg. John O'Neill. CC-BY-SA 3.0
30 June 2022 | St. Petersburg (FL), United States

Florida-based real estate development and investment firm Kolter Urban has broken ground on Art House, a 42-story luxury condominium development located at 200 Central Avenue in the heart of Downtown St. Petersburg. Designed by SB Architects with interiors by ID & Design International Interior Design and landscaping by Kimley-Horn Landscape Architects, the development will deliver 244 spacious residential units in a variety of two- and three-bedroom layouts, including 12 penthouse units. The ground floor will be activated with 6,000 square feet (557 square meters) of retail and restaurant space, and the tower will sit atop an eight-story parking garage for 482 vehicles. Coastal Construction is the general contractor, projecting to complete construction and deliver the project by late 2024. 

Art House’s floor plans will range from two to three bedrooms, several with a den, spanning 1,380 to 2,637 square feet (128 to 244 square meters) and will feature flow-through layouts, with open great room designs, floor-to-ceiling glass, and spacious terraces showcasing stunning views of the city skyline, Tampa Bay and beyond. The penthouse collection of 12 luxurious penthouses situated on the top three floors of the project offers modern, floorplans with up to 11 feet (3.3 meters) ceilings and ranging from 3,967 square feet to 4,847 square feet (368 to 450 square meters) of interior and exterior living space. 

“Rarely have we seen a property begin construction in just three months after launching sales,” said Bob Vail, President of Kolter Urban. “Our unprecedented sales success at Art House is indicative of the team that Kolter has assembled; including SB Architects, ID & Design International Interior Design, Kimley-Horn Landscape Architects and Smith & Associates Real Estate as the exclusive sales agency. The Smith & Associates sales team that was responsible for the sell-out of Saltaire St. Petersburg a year prior to completing construction is the same team responsible for Art House sales. Presently, we are experiencing a soaring demand for upscale, new-construction real estate in St. Petersburg. We look forward to delivering what will be our fifth architecturally stunning, amenity-rich new development in the Tampa/St. Petersburg area in late 2024. Art House will shape luxury real estate development in St. Petersburg for years to come.”

For more on this story, go to YIMBY.